Improving Share Liquidity and Expanding the Investor Base Through a Stock Split
First written in FY2017-Q3. 1 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2019.
- FY2019RestatedAnnual report
「Effective 1 January 2018, the Company conducted a stock split at a ratio of 1.3 shares for each common share.」
The 1-for-1.3 stock split conducted in 2018 continues to be disclosed in the key management indicators and share information. - FY2017AchievedAnnual report
「Effective 1 January 2018, the Company conducted a stock split and partially amended its Articles of Incorporation in connection with the split. The purpose was to further broaden the investor base by improving the liquidity of the Company's shares. The number of issued shares before the split was 11,055,000, the number of shares added through the split was 3,316,500, and the number of issued shares after the split was 14,371,500.」
The previously introduced stock split of 1.3 shares for each share was conducted on 1 January 2018, bringing the number of issued shares to 14,371,500. - FY2017-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 9 November 2017, the Company resolved to conduct a stock split and partially amend its Articles of Incorporation in connection with the stock split. The purpose was to further broaden the investor base by improving the liquidity of the Company's shares. With 31 December 2017 as the record date, shares held by shareholders listed or recorded in the final shareholder register on that date were to be split at a ratio of 1.3 shares for each share held.」
The Company introduced a 1-for-1.3 stock split to improve share liquidity and broaden its investor base. The record date was 31 December 2017, the effective date was 1 January 2018, and the number of issued shares after the split was scheduled to be 14,371,500.